This course discusses theoretical concepts of international trade, such as mutually beneficial trade, the effects of protectionism, macroeconomic issues of balance of payments, the adjustments mechanism and the impact of economic policies in an open trade environment. From advice about negotiating with foreign sellers to guidance on moving goods through U.S. Customs while ensuring compliance, this course provides essential information about trading internationally.

Module 2: International Transactions
Instructor: Paul Toskin

Date
Monday, November 6, 2017

This course discusses credit, operational, and foreign exchange risk in international trade transactions, and describes methods commonly used to mitigate these risks. Learn to recognize how credit, operational, and foreign exchange risk can arise in international trade transactions, and how to structure international trade transactions to minimize these risks.

This course covers the issues of moving goods from one country to another within the terms of a sale agreement and without incurring unexpected expenses. Learn to securely and affordably transport products, choose proper insurance and implement current government security initiatives. The course provides a complete overview of the transportation process – whether shipping by ocean or air.

Module 4: International Business Culture
Instructor: Larry Taylor

Date
Tuesday, January 2, 2018

Today’s global business enterprise requires a fine-tuned awareness and understanding of culture. International collaborations have often failed because of cultural misunderstandings, miscommunications and missteps. This course will introduce you to the concept of culture and begin with the critical stage of guiding participants towards understanding their own cultural assumptions. We will use dimensions of culture to build knowledge and understanding of basic drivers behind cultural differences. Upon completion of the course, you will have a thoughtful toolkit to manage the most common challenges across cultures in international business settings.

Various international agreements have established export control standards on specific categories of goods to ensure security and safety for nations, economies, environments and wildlife. This course provides an overview of recent global events that have impacted border control procedures, including the adoption of new export controls for effective risk management.

Failure to intelligently comply with Customs laws can result in excess duty payments, financials penalties and supply or delivery disruptions. This course discusses tariff classification rules and how indirect payments, royalties, freight and shipping costs, plus other valuations, affect the accuracy and legitimacy of declared values.

FeesSession 10: All 6 Modules, $1800-$1000 scholarship = $800
Registration will be charged at $800. Confirmation of scholarship eligibility is pending until further notice.Scholarship funding generously provided by Missouri Department of Economic Development

*All 6 modules must be taken in order to earn the Chancellor’s Certificate in International Trade. The cost is $1,800. Each module can also be taken individually for $350 per module.

**The Chancellor’s Certificate in International Trade is sponsored by World Trade Center St. Louis and the University of Missouri-St. Louis.